Hormel Foods Corporation Declares Quarterly Dividend
Oct 2, 2007
AUSTIN, Minn. – The board of directors of Hormel Foods Corporation (NYSE: HRL), an Austin, Minn.-based manufacturer and marketer of consumer-branded meat and food products, declared a regular quarterly dividend of fifteen cents ($.15) per share on the common capital stock of the corporation.
The dividend is to be paid Nov. 15, 2007, to stockholders of record at the close of business Oct. 20, 2007.
This is the 317th consecutive quarterly dividend.
About Hormel Foods
Hormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. In each of the past eight years, Hormel Foods was named one of “The 400 Best Big Companies in America” by Forbes magazine. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value.